American Express Gold Business

Apply now for a American Express Gold Business Card

If you make sure to only use your business credit card for business purchases then you don’t need to be as concerned about the fees and the interest rates when you compare the best business credit card deals, because you can claim most, if not all of your fees and interest back on tax. So what should you be considering when you compare the best business credit card deals?

You need to look at the features, the benefits and the rewards, and whether your business spending is in line with what is expected by the card, and whether your business has any need of those features and rewards in the first place.

Comparing the American Express Gold Business Credit Card

While you may be able to avoid credit card fees and interest in most cases by claiming them back on tax, it is still important to compare every feature of a new business product you are considering, and it’s always nice to get a good deal for your business, regardless of whether it is deductible. Features you need to compare when choosing the American Express Gold Business credit card deal include:

A $0 annual fee the first year you account is opened. From the beginning you are saving $169 on a credit card annual fee and if you are diligent in using your credit card for only business purposes then the fee is tax deductible.
Easy GST breakdowns of purchases and simple BAS preparations. Tax time is a busy time for any business so you will welcome any feature which makes it easier. Your American Express Business Gold card will show the amount of GST on most purchases you make on your card so you can track your commitments easily. This can also simplify your BAS preparations when it comes time to collect that information because you can download your account details and GST breakdown directly into Quicken, Microsoft Money, MYOB or Excel.
Up to 51 credit free days. This time can be spent running your business and managing your day to day cash flow so you have more time to organise your business funds before your credit card bill is due.
No pre-set credit limit. Your American Express Gold Business card will not have a set spending limit and this means you can take advantage of business opportunities and make important business purchases without worrying about how to fund them. this does not mean you can enjoy unlimited spending on your business credit card as transactions are tracked according to your recent spending habits, your payment history, your credit report and the financial resources you have reported to American Express, and they reserve the right to approve a purchase based on these factors.
Additional cards to track employee spending. Giving your staff a business credit card also allows them freedom to make business decisions too, and show their initiative. Plus it is easier to track a credit card statement than a bundle of petty cash receipts.
Domestic and overseas travel insurance. This makes for another business expense you don’t have to worry about.
Uncapped membership points. To earn membership points you need to enrol in the Membership Rewards program and pay the annual fee. Once you are registered, you can earn one point for every dollar you spend, and there is no cap on your points, and they don’t expire.

How to Apply for the American Express Gold Business Card

To start managing your business finances more easily, leaving you more time to focus on your products, services and customers. To be eligible to apply, you need to enter your own details, as the user of the business credit card:

You must be 18 years or older.

You must have a good credit history and no payment defaults.

You must be an Australian citizen or permanent resident.

You must have a personal pre-tax income of $24,000 a year.

If you want to see how the American Express Gold Business credit card deal compares to the deals on offer from other business credit card providers, view our comparison table here. Once you’ve made your decision on the best business credit card deal for you, follow the secure link from our comparison table directly to an online application form and setup your business for success today.